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Vaclav Klaus's Resignation
Shakes Up Czech Markets

PRAGUE -- As falls Vaclav Klaus, so falls the koruna -- and Ceske Energeticke Zavody and SPT Telecom and Komercni Banka and every other significant tradable security in Prague.

Prague's markets continued a downward trend Monday, following the resignation Sunday of the Czech Prime Minister. With any decision on a new government delayed until at least Dec. 15 -- after a national congress of Mr. Klaus's Civic Democratic Party --...